INVESCO PHARMACEUTICALS ETF (PJP) Stock Technical Analysis
NYSEARCA:PJP - NYSE Arca - US46137V6627 - ETF - Currency: USD
Taking everything into account, PJP scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PJP is only an average performer.
Warning: PJP has an average volume of 8894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
PJP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PJP is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, PJP turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month PJP has a been trading in a tight range between 84.40 and 87.73.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, PJP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 86.53, a Stop Loss order could be placed below this zone.
More info and screens
80.35
90.52
When analyzing the support we notice one important area.
- A support zone ranging from 81.16 to 86.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @87.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 89.33 to 89.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.58
Mansfield-0.36
10 Day High87.31
10 Day Low85.53
20 Day High87.73
20 Day Low84.4
52 Week High89.87
52 Week Low75.33
Performance
1 Week-0.84%
2 Weeks-0.27%
1 Month2.06%
3 Month-0.14%
6 Month-1.45%
12 Month10.39%
2 Year13.71%
3 Year14.36%
5 Year48.34%
10 Year14.15%
15 Year353.09%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)55.37
LBB85.56
UBB87.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.58 | 85.52 | 2.06 (2.35%) | 25.00% |
| An entry @87.58. This is a Buy Stop order right above the resistance zone. | An exit @85.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.06 points, which is 2.35%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:PJP (2/24/2025, 12:54:34 PM)
87.3
+0.76 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.88%
1 Week-0.84%
2 Weeks-0.27%
1 Month2.06%
3 Month-0.14%
6 Month-1.45%
12 Month10.39%
2 Year13.71%
3 Year14.36%
5 Year48.34%
10 Year14.15%
15 Year353.09%
Volatility
ATR(14)0.83
ATR(20)%1.01%
ATR Inc-48.69%
Range Today0.31
ADR(20)0.84
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.58
Mansfield-0.36
10 Day High87.31
10 Day Low85.53
20 Day High87.73
20 Day Low84.4
52 Week High89.87
52 Week Low75.33
CS1 End86.53
CR1 Start87.57
Volume & EV
DER(3)0.86%
DER(5)-0.46%
Volume905
Volume Incr-52.36%
Vol(5)4.70K
Vol(50)8.89K